Derived from Coinomedia, ten leading global banks, including Bank of America, Goldman Sachs, and Citi, are collaborating on a new stablecoin initiative. The project aims to reshape cross-border transactions and drive mainstream adoption of blockchain-based financial systems. The banks seek to maintain relevance in the digital finance space, reduce transaction fees, and improve settlement speed and transparency.
Top Global Banks Unite for New Stablecoin Project
CoinomediaShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.